RE:RE:Long termHi TheGreekGoldGuy,
I agree with your post. My two bit.
The market cap as of closing yesterday was about $180M on 330M o/s shares. A lot of dilution had to happen coming up from being an $0.08 stock early last year.
With the additional holes they already drilled, and the pending 10 holes and the upcoming 40,000 metre 2021 program, "getting to 10M ounces will be like shooting fish in a barrel" to quote Eric Sprott speaking about FVL. They willl likely exceed this. How many ounces are at Golden Summitt?
Keep in mind, my view is that the more ounces you have the less the mega high grade hits matter. The economics change drastically even if the gold price stays where it is at.
One thing for certain is the stock price is not going to move over the next several months in a nice orderly fashion allowing folks selling their entire positions to "get back in". You will have a few big moves and a lot of the gains will be gone.
GLTA